VOOV vs. IVW
Compare and contrast key facts about Vanguard S&P 500 Value ETF (VOOV) and iShares S&P 500 Growth ETF (IVW).
VOOV and IVW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOOV is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Value Index. It was launched on Sep 7, 2010. IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000. Both VOOV and IVW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOOV or IVW.
Key characteristics
| VOOV | IVW | |
|---|---|---|
| YTD Return | 3.09% | 7.71% |
| 1Y Return | 19.36% | 27.14% |
| 3Y Return (Ann) | 9.00% | 5.98% |
| 5Y Return (Ann) | 11.20% | 13.71% |
| 10Y Return (Ann) | 9.91% | 13.83% |
| Sharpe Ratio | 1.60 | 1.85 |
| Daily Std Dev | 11.14% | 13.93% |
| Max Drawdown | -37.31% | -57.35% |
| Current Drawdown | -4.48% | -5.09% |
Correlation
The correlation between VOOV and IVW is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VOOV vs. IVW - Performance Comparison
In the year-to-date period, VOOV achieves a 3.09% return, which is significantly lower than IVW's 7.71% return. Over the past 10 years, VOOV has underperformed IVW with an annualized return of 9.91%, while IVW has yielded a comparatively higher 13.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VOOV vs. IVW - Expense Ratio Comparison
VOOV has a 0.10% expense ratio, which is lower than IVW's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VOOV vs. IVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Value ETF (VOOV) and iShares S&P 500 Growth ETF (IVW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
VOOV vs. IVW - Dividend Comparison
VOOV's dividend yield for the trailing twelve months is around 1.78%, more than IVW's 0.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOOV Vanguard S&P 500 Value ETF | 1.78% | 1.69% | 2.19% | 1.87% | 2.45% | 2.10% | 2.65% | 2.13% | 2.24% | 2.36% | 1.98% | 1.97% |
IVW iShares S&P 500 Growth ETF | 0.82% | 1.03% | 0.89% | 0.46% | 0.82% | 1.62% | 1.27% | 1.30% | 1.51% | 1.51% | 1.36% | 1.44% |
Drawdowns
VOOV vs. IVW - Drawdown Comparison
The maximum VOOV drawdown since its inception was -37.31%, smaller than the maximum IVW drawdown of -57.35%. Use the drawdown chart below to compare losses from any high point for VOOV and IVW. For additional features, visit the drawdowns tool.
Volatility
VOOV vs. IVW - Volatility Comparison
The current volatility for Vanguard S&P 500 Value ETF (VOOV) is 3.13%, while iShares S&P 500 Growth ETF (IVW) has a volatility of 5.54%. This indicates that VOOV experiences smaller price fluctuations and is considered to be less risky than IVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.